Any one can help with the code for drawing observations from Dagum distribution with parameters (a,b,p). Note that dagum is known also as Inverse Burr distribution and has the following relation to singh-maddala. if X is distributed as Dagum (a,b,p), then 1/x is distributed as Singh-Maddala (a,1/b,p), Also note that Singh-Maddala is another name for Burr 12 distribution.
What I know is that we draw from Singh-Maddala in Matlab as:
x=random('burr', a, b, p,n,1); where n is the number of observations.
Appreciate your help!!
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